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Traditionally, organizations look to offshoring to cut costs for outsourcing services and often manufacturing. As economies shift, it is becoming less cost effective to implement offshoring services and companies are re-evaluating their outsourcing strategies. Offshoring is becoming a less common practice due to the difficulties in project management, longer lead times, complex transportation logistics and overall costs. There has been a shift to favor nearshoring to improve project cost and management.

About 13 months after the previous version was thrown out by a federal judge, the Commodity Futures Trading Commission “CFTC, proposed a new set of regulations that now looms as a game changer for many markets in the economy, including the energy and commodity trading industry.